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Applied AI·September 10, 2026·1 min read

Sources: the Pentagon is in talks to lend roughly $5B to neocloud Fluidstack; Fluidstack is being advised on its loan application by Palmer Luckey's Erebor Bank

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A potential ~$5B Pentagon loan to an AI infra player means national security money is now directly underwriting GPU clouds. If you rely on hyperscalers alone, start mapping how defense-backed neoclouds could change pricing, access, and data-sovereignty options over the next 12–24 months.